• Home ::
• Fundamental ::
• Market View ::
• The Trading Week

• Send
• Print
• Add To
• Rss

The Trading Week

The Trading Week: July 6 − July 11

Thu, Jul 3 2008, 15:17 GMT
by Ilian Yotov

AllThingsForex

July 3, 2008 (Allthingsforex.com) – Bank of England’s interest rate announcement, coupled with several consumer-focused economic reports from major economies around the globe, will take the center stage in the week ahead.
 
In preparation for the new trading week, here is a quick look at the most important economic events that every currency trader should pay attention to.

Sunday, July 6 will begin the trading session with the Australian Construction PMI- Purchasing Managers Index of the level of activity by purchasing managers in the construction sector of the economy, scheduled at 7:30 pm, ET.

Monday, July 7 will have an early start with the Swiss Unemployment Rate, at 1:45 am, ET, and the Euro-zone Investor Confidence Index of the confidence level of investors in the economy, at 4:30 am, ET.

The first spotlight event of the week- the U.K. Industrial Production and Manufacturing Output, a measure of the physical output of the nation's factories, mines and utilities, will hit the newswires at 4:30 am, ET, followed by the German Industrial Production, at 6:00 am, ET.

News from Canada will bring the Canadian Building Permits, at 8:30 am, ET, and Bank of Canada’s Business Outlook Survey on inflation, employment and economic growth, at 10:00 am, ET.

Later that evening, New Zealand’s Business Confidence of the nation’s businesses in the economy, will come out at 6:00 pm, ET.

The day will end with spotlight event- the U.K. GDP- Gross Domestic Product Preliminary Estimate of the main measure of economic activity and growth, at 7:00 pm, ET, followed by the Australian Business Confidence, a measure of the economic sentiment of businesses in the non-farm sector, at 9:30 pm, ET. 

Tuesday, July 8 will begin with the Japanese Eco Watchers Survey of the sentiment of businesses in the services industry, at 1:00 am, ET, along with the Japanese Machine Tool Orders, also at 1:00 am, ET.

A notable housing market data from the U.K. will bring the Department for Communities and Local Government House Price Index of the monthly change in the average asking price of residential properties, at 4:30 am, ET.

The U.S. economic releases will deliver a spotlight event- the U.S. Pending Home Sales Index, a leading indicator of housing activity measuring the pending home sales that are not yet closed, at 10:00 am, ET, along with the U.S. Wholesale Trade and Inventories, also at 10:00 am, ET.

The day will conclude with two spotlight events- the U.K. Consumer Confidence Index, a survey of consumers’ financial conditions and confidence in the economy, at 7:00 pm, ET, and the Australian Westpac Melbourne Institute Consumer Sentiment, a measure of consumers’ attitudes about the economy, at 8:30 pm, ET, followed by the Australian Home Loans, measuring the total number of issued home loans, at 9:30 pm, ET.

Wednesday, July 9 will start with the German Trade Balance, at 2:00 am, ET, and the U.K. Trade Balance of the difference between imports and exports of tangible goods and services, at 4:30 am, ET.

More news from the U.K. will bring the British Retail Consortium Shop Price Index of price changes in the retail sector, at 4:30 am, ET, followed by the Canadian Housing Starts, at 8:30 am, ET.

The U.S. economic releases for that day will include the MBA- Mortgage Bankers' Association Purchase Applications at 7:00 am, ET, and the EIA- Energy Information Administration’s Weekly Oil Inventories, at 10:30 am, ET.

The day will end with two spotlight events- the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 7:50 pm, ET, along with the Japanese Current Account of goods, services and transfer of payments into and out of the country, also at 7:50 pm, ET, followed by a spotlight event from “down under” with the release of the Australian Employment Situation Report and Unemployment Rate, at 9:30 pm, ET.

Thursday, July 10 will begin with important release from the Euro-zone- the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, scheduled at 5:00 am, ET. 

The main spotlight event of the week- Bank of England's Interest Rate Decision will be announced at 7:00 am, ET.

The only notable U.S. economic releases for the day will be the usual for every Thursday morning U.S. Weekly Jobless Claims, at 8:30 am, ET, and the EIA- Energy Information Administration’s Weekly Natural Gas Inventories, at 10:30 am, ET.

Friday, July 11 will start with the Japanese Industrial Production, at 12:30 am, ET, and the Japanese Household Confidence, a survey of the economic sentiment of households, at 1:00 am, ET.

A spotlight event will come from Canada with the release of the Canadian Employment Situation Report, measuring the unemployment rate and the number of paid employees working part and full-time, at 7:00 am, ET, followed by the Canadian Trade Balance, at 8:30 am, ET.

The U.S. International Trade Balance, a measure of the difference between imports and exports of tangible goods and services, and the U.S. Import and Export Prices, indicating inflationary trends in internationally traded products, will come out at 8:30 am, ET.

The trading week will end with another U.S. spotlight event- the preliminary estimate of the University of Michigan's Consumer Sentiment survey of 500 households on financial conditions and attitudes about the economy, scheduled at 10:00 am, ET.

Published on  Thu, Jul 3 2008, 15:19 GMT

Archive

• The Trading Week: Oct. 6 - Oct. 10
  Published On Fri, Oct 3 2008, 00:01 GMT
• The Trading Week: Sep. 28 - Oct. 3
  Published On Fri, Sep 26 2008, 00:45 GMT
• The Trading Week: Sep. 21 - Sep. 26
  Published On Thu, Sep 18 2008, 22:37 GMT
• The Trading Week: Sep. 14 - Sep. 19
  Published On Fri, Sep 12 2008, 00:27 GMT
• The Trading Week: Sep. 7 - Sep. 12
  Published On Fri, Sep 5 2008, 01:19 GMT

[ View All ]

• More Reports from this Author
• More Reports from this Contributor

AllThingsForex.com  | U.S.A
http://www.allthingsforex.com/ | trader@allthingsforex.com